Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 20

Shared Beds 2

Total Beds 22

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 16.60

Weekly Rent $235.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $268,840.00

Less: Vacancy & Loss $53,768.00

Less: Mentor Rent Credit $12,220.00

Plus: Intake Fee Revenue $7,040.00

Plus: Laundry Service Revenue $3,661.00

Total Revenue $213,553.00

Expenses (Annual)

Operating Expenses $24,360.00

Property Taxes $8,712.00

Property Insurance $3,200.00

Valuation

Capitalization Rate 8%